Independent filmmakers have done everything from maxing out their credit cards to forming limited partnerships, creating hedge-fund tax shelters, squeezing relatives and friends and crowd-sourcingthrough websites like Kickstarter.com. But it gets increasingly challenging and they have to be ever more innovative about finding the money to make their movies.
Each donation is funneled to NYFA, which then disperses funds to The Independent Collective, minus a small percentage as an administrative fee. Donors won't get a piece of any profits that may eventually accrue - but they will get a tax deduction for a charitable gift.
Founded in 2010, the industry website, Crowdsourcing.org, is a neutral organization dedicated solely
to crowdsourcing and crowdfunding. As one of the most influential and credible authorities in the crowdsourcing space,
Crowdsourcing.org is recognized worldwide for its intellectual capital, crowdsourcing and crowdfunding
practice expertise and unbiased thought leadership.